โ ๏ธ ๐๐ง๐ง๐๐ก๐ง๐๐ข๐ก โ ๏ธ : *Trading without a strategy*
"If you trade without a plan, you trade to lose."
๐ ๐ง๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฏ๐น๐ฒ๐บ :
Many enter positions just because:
- "The price seems to be rising"
- "I saw someone say it was going to explode"
- "I had a good feeling"
๐๐๐ ๐๐ต๐ฒ๐ ๐ต๐ฎ๐๐ฒ ๐ป๐ผ ๐ฝ๐น๐ฎ๐ป :
- No profit target ๐ฏ
- No precise entry level โ
- No *stop-loss* ๐
- No capital management ๐ช
๐ฅรฉ๐๐๐น๐๐ฎ๐ ?$BNB
They trade freestyle, make emotional decisionsโฆ and end up wrecking their account.
๐ง ๐ช๐ต๐ ๐ถ๐'๐ ๐ฎ ๐ฐ๐ฟ๐ถ๐๐ถ๐ฐ๐ฎ๐น ๐บ๐ถ๐๐๐ฎ๐ธ๐ฒ :
The crypto market is ultra volatile.
๐ If you don't know where you enter, why you enter, and how far you're goingโฆ you're going to *lose*.
The market rewards *discipline*, not luck.
โ ๐๐ผ๐ ๐๐ผ ๐๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ถ๐๐ต ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ (like a pro) $BTC :
*๐ญ. Before each trade, ask yourself these 4 questions:*
- Where is my *entry point*?
- Where is my *stop-loss*? (how much am I willing to lose)
- Where is my *take-profit*? (my target)
- What *percentage of my capital* am I putting on this trade?
*๐ฎ. Use the Risk/Reward Ratio (R:R)*
โ Example: risk 1 to gain 2 or 3.
A good ratio = you can be profitable even with 50% losing trades.$ETH
*๐ฏ. Don't trade if you don't have a clear setup.*
No plan = no trade. That's the pro mindset.
*๐ฐ. Keep a trading journal.*
Note each trade โ Why you took it, what went well or not. You'll progress 10x faster.
๐ง ๐๐ข๐ก๐๐๐จ๐ฆ๐๐ข๐ก :
A trader with a strategy can lose a trade, but never lose their head.
A trader without a strategy loses everything: money, confidence, discipline.
